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Artemon [7]
2 years ago
7

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C. The parties signe

Business
1 answer:
scZoUnD [109]2 years ago
5 0

The following facts is most relevant to the court's decision on the homeowner's motion :<u> The contractor removed the case to the </u><u>federal court</u><u> for State A.</u>

<u />

<u>INTERPRETATION-</u>

The commencement of the action in State A is most relevant. When a case is removed from state court to federal court, venue is set in the federal district court that embraces the state court in which the action was pending, making the federal district court of State A the only appropriate venue choice.

Thus, (C) is the correct answer because the most (indeed, only) relevant fact is the fact that the action was commenced in a court of State A.

In answer choice (B)

Unlike cases commenced in federal court, in cases removed to federal court, the residence of the defendant contractor.

In answer choices (A) and (D)

The place where a substantial part of events relating to the claim occurred are irrelevant.

Therefore we can conclude that the correct choice is C.

Your question is incomplete, but most probably your full question was:

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C:

A. The parties signed the contract in State A.

B. The contractor breached the contract, and the homeowner sued the contractor in a court of State A, seeking damages of $100,000.

C. The contractor removed the case to the federal court for State A.

D. The homeowner promptly moved to remand the case to state court, arguing that venue was improper.

Which of the following facts is most relevant to the court's decision on the homeowner's motion?

Learn more about Federal Court's Decision on:

brainly.com/question/10051092

#SPJ4

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3 years ago
What is the yield to maturity (ytm) on a simple loan for $2000 that requires a repayment of $8000 in five years' time?
babunello [35]

The yield to maturity (YTM) on a simple loan is 31.9%

<h3>What is the yield to maturity?</h3>

The yield to maturity represents an overall total of all outstanding loan repayments. The yield to maturity of the security varies based on the bond's valuation and the number of remaining balances.

simple loan for $2,000

repayment of $8,000

time period 5 years

The formula for yield to maturity is

Yield to Maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]

$2,000 = $8,000/(1+i)⁵

(1+i)⁵ = $8,000/$2,000

(1+i) = 41/5

i = 1.319-1

= 31.9

31.9% is the YTM

The yield to maturity (YTM) on a simple loan is 31.9%

Learn more about yield to maturity, here:

brainly.com/question/26376004

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6 0
2 years ago
A factory produces product A according to the production function QA = 100XA, where XA denotes the amount of input and QA is the
Ostrovityanka [42]

Answer:

Option (B) is correct.

Explanation:

XA + XB = 100

QA = 100XA

QB = 200XB - XB^2

Use the fact that,

XA = 100 - XB

Now total production is Q = QA + QB

Q = 100XA + 200XB - XB^2

Q = 100 × (100 - XB) + 200XB - XB^2

Q = 10,000 + 100XB - XB^2

Output is maximum when Q'(XB) = 0

100 = 2XB = 0

XB = 50

XA = 50

Therefore, the firm’s profit-maximizing allocation of input X is 50 units of XA and 50 units of XB.

5 0
3 years ago
Stock A is expected to provide a dividend of $13.4 a share forever. Stock B is expected to pay a dividend of $6.7 next year. The
mash [69]

Answer: Stock A is expected to provide a dividend of $13.4 a share forever  which means it is a perpetuity. The market capitalization is 10% which means that 10% is the required rate of return. The formula to find the value of a perpetuity is Cash Flow/Rate

The cash flow is 13.4 and rate is 10% so 13.4/0.1= $134

The present value of Stock A is $134

Stock B is expected to pay a dividend of $6.7 next year and then have a constant growth rate of 6% forever, so we can find what the present value of Stock B will be next year using the DDM method and then discount that value to this year.

1 year from now dividend = 6.7

Growth = 4%

R= 10%

Formula = D*(1+G)/R-G

= 6.7*(1+0.04)/0.1-0.04=116.113

Now we need to discount 116.113 back one year so 116.113/1.1= 105.57

The present value of Stock B is 105.57

For stock C the next year dividend is 6.7 and then for 5 years the growth rate is 20% and then 0 forever so we need to find the value of stock C 6 years from now and then discount it back.

Dividend 1 year from now = 6.7

Dividend 6 years from now= 6.7* (1.2)^5=16.67

Value of stock 6  years from now

D= 16.67

G= 0

R= 10

16.67*(1+0)/(0.1-0)

=166.7174

Now we need to discount back this value 6 years to find the present value of the stock

166.7174/1.10^6

=94.10

The highest present value at a market capitalization of 10% for each stock is of stock A which is $134

Explanation:

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Which type of credit is used for utilities?
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